Examination of Random Walk Hypothesis in Beverages Sector of Pakistan

Syeda Anam Hassan

Abstract


The objective of the study is to examine the random walk hypothesis in three largest industries of Pakistan namely, Murree Brewery, Shezan International and Nirala MSR Foods limited. The results show that Bevarges sector do not follow the Random Walk Hypothesis. The results conclude that investors may predict the future outcome of stocks. The risk minimization strategy and profitable mode to purchase share of Shehzan International especially in the start of every month and sell them in end days of month.


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References


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